The Four Ambassadors was built from 1966 to 1968 and is one of the earliest condominium developments in the Brickell corridor. The Four Ambassadors complex has four 20 story towers with with 11 apartments per floor for a total of 744 residences. The Four Ambassador Condominium includes a hotel component and is located on Biscayne Bay next to Brickell Avenue and Downtown Miami. There are two floorplans available…a 990 sqft one bedroom convertible unit and…

October 31st, 2008

Miami, Florida

When people visit www.MiamiCondoLifestyle.com and contact me about buying in the Miami & Miami Beach market, they ask the following question…“How far back in time have the Miami and Miami Beach condo prices dropped?” Today we are going to find out.

The charts below show data from October of 2003 until September of 2008, for the months on inventory on hand and the average price per square foot. For those of you who have been…

October 7th, 2008

Every day we get dozens of emails and phone calls from various buyers, sellers, landlords and tenants trying to find the information they need in order to make an informed and sound business decision about Miami condos and real estate. This is what we do all day long.

We are continually in “conversation” with multiple buyers and sellers, appraisers, banks, developers, landlords and other Realtors trying to find just the right opportunities and…

Last night, we heard some very interesting news…at least one major Miami Condo developer
is putting together an economic bailout rescue plan of his own. This is what we need…not the government’s pork-filled, bloated, socialistic power grab that the Senate has passed and the House is voting on right now but a real, innovative response to a shifting market.

Check this out…Buy a Brickell condo and get a SMART car…or buy that Miami condo and get a…

Today begins the first in a series of articles about Miami Investment condos. We have created sales graphs showing the actual closed sales statistics for new construction condos in Miami Beach, Miami, Brickell and Sunny Isles area condos. These will be updated regularly and can be used to get transparency in the MiamiCondo market. Several buildings are approching their ‘Magic Number” of 70% closed which will allow them to pay out their lender.

Often the most difficult information to…

Courvoisier Courts condo on Brickell Key near world famous Brickell Avenue in Miami has seen it’s sales activity dramatically increase this September. For the first eight (8) months of 2008, just five condos were sold but in the month of September, four units became pending sales.

Often, it is difficult to see if a market has turned so we use a formula referred to as “Absorption Rate” ,which is the total available units divided by the…

This morning several hundred Miami Realtors gathered at 1060 Brickell Avenue to hear about the Brickell Avenue condo market and 1060 Brickell project. This event was sponsored by Maureen Levine from RAMB with a breakfast catered from Perricone’s Restaurant, a Brickell Village stalwart for over 12 years.

Charlotte Piro from Fortune, the sales director at 1060, shared some very aggressive pricing (shown below) with us and described the unique amenities in the building such as a…